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3rd International Conference on Industrial Engineering and Operations Management (IEOM 2012) – July 3-6, 2012

July 3, 2012 - July 6, 2012

The Industrial Engineering and Operations Management (IEOM) Forum is organizing third International Conference  (IEOM 2012) which will be held on July 3-6, 2012 in Istanbul, Turkey.  XONITEK’s Joseph Paris has been requested to present at this year’s conference for the second year in a row.  He will be giving his lecture titled “Guerrilla Transformation“. 

The conference aims to provide a forum for academics, researchers and practitioners to exchange ideas and recent developments in the field of Industrial Engineering and Operations Management. The conference is also expected to foster networking, collaboration and joint effort among the conference participants to advance the theory and practice as well as to identify major trends in Industrial Engineering and Operations Management. Institute of Industrial Engineers (IIE) and Institute for Operations Research and the Management Science (INFORMS) and Operations Research Society of Turkey (ORST) are co-sponsoring 2012 IEOM Conference.

Title: ”Guerrilla Transformation – Change an Insurgency into a Movement”

Description:

Each of us belongs to a community, or network. And the individual members of a network have a shared commitment and affinity to the kernel and, as such, will behave in a predictable manner since there is nothing to gain by any individual changing their participation unilaterally. In reality, to disturb the predictability never even crosses the mind of the members.

So how can an internal disruptor be engineered and deployed in a controlled manner so that transformational change can occur when YOU want it to occur?

Applying Game Theory and the Nash Equilibrium, this session will investigate the circumstances under which change takes place – and when it does not. And finally, we will discuss the creation of an effective disruptor and how it can be deployed in a controlled and sustainable fashion.

Abstract:

Each of us belongs to a community, or network. And the individual members of a network have a shared commitment and affinity to the kernel and, as such, will behave in a predictable manner since there is nothing to gain by any individual changing their participation unilaterally. In reality, to disturb the predictability never even crosses the mind of the members.

In essence, a Nash Equilibrium exists – named after John Forbes Nash, who proposed it. A Nash Equilibrium basically states that each member of a network is supposed to know the natural objectives of the other members of the community, and no member is able to gain by deviating from a predicted behavior on their own. If all the members of a network share these common beliefs and no member of the network can gain an advantage by changing their behavior while the other members continue on as they always have, then the existing state perpetuates and constitutes a Nash Equilibrium.

As such, the equilibrium that exists in a community will not be disrupted by a threat originating from within the community – but rather a disruption that is introduced to the community from the outside. Some examples of such a disruptor might include; a merger, change in the “C-Suite”, a surprise competitor, the loss of a key customer, and a near global economic melt-down. When such an external disruptor is introduced, the resultant transformational change that occurs in an organization happens nearly lightning-fast.

So how can an internal disruptor be engineered and deployed in a controlled manner so that transformational change can occur when YOU want it to occur?

Applying Game Theory and the Nash Equilibrium, this session will investigate the circumstances under which change takes place – and when it does not. And finally, we will discuss the creation of an effective disruptor and how it can be deployed in a controlled and sustainable fashion.

Objectives:

– Why do Lean / Continuous Improvement fail to achieve their potential?
– How can a credible threat / a disruptor be engineered and properly deployed?
– How can the acceleration of the disruptor be controlled?
– What can go wrong and how can it be avoided?

Click here for more information or to register.

Technical Sponsors:

LTU

Details

Start:
July 3, 2012
End:
July 6, 2012
Event Category:
Event Tags:
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Venue

Istanbul Technical University
Management Faculty
Macka, Istanbul, Turkey
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